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Richard Dougal

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Review of the InvestEngine, Investment platform:

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Finally a company with a fair service fee

I have already recommended others. To me, InvestEngine’s competition is Wealthify and Nutmeg. They all ask you a series of questions to understand your goals and risk appetite. The kicker being the fee here is a simple 0.25% for them doing all the legwork for you, and that’s it. No sliding scale of fees, just sit back invest and watch your funds be out to work. The guidance on potential returns - exceptional/average/poor also help give a clear indicator to those who may be new to investing as well. You only need to compare to the returns proposed in the Chip app to see that Wealthify show you plain and simple what a fair or likely return may be. Reviewed on: 20th January 2022

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